Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-540-000"
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"en.20121120.31.2-540-000"2
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"Mr President, I would like to start, as is customary, but easily forgotten, by thanking our two rapporteurs. We have not done that so far due to the heated and controversial nature of the debate we have been having.
Shale gas has done the US economy a world of good and in seven years, it has gone from being an importer to a potential exporter of natural gas. Manna from Heaven, perhaps, but also controversial. I am not going to repeat everything that has already been said but talk about the possible risk of failing to invest in research into renewables and by doing so letting the fight against climate change grind to a halt.
The EU has to take a realistic approach that is both open-minded and cautious. We cannot write the petroleum industry a blank cheque, nor should we hamper future progress and innovation. If we are to learn from the United States then we must ensure we do not make the same mistakes, particularly the environmental cost of fracking, which is far too high, and the issue of water, which has already been raised. We also have to take into account the reality in Europe, which is that it has a high population density and a multitude of different laws governing the subsoil.
In other words – I am coming to the end, Mr President, we are already an hour behind, let me have 10 more seconds please – shale gas can only ever be, perhaps, something to add to the European energy mix, as Commissioner Oettinger has said."@en1
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